Summer Synopsis: Calgary Flames

The Calgary Flames are in a season of transition for the first time in quite some time. The organization is only three years removed from knocking off the stingy Dallas Stars in the first round of the 2022 Stanley Cup playoffs before losing at the hands of the Edmonton Oilers in five games. Since that run in the playoffs, the Flames have traded away the likes of Matthew Tkachuk, Sean Monahan, Tyler Toffoli, Nikita Zadorov, Elias Lindholm, Chris Tanev, Noah Hanifin, Jacob Markstrom, and Andrew Mangiapane while also seeing franchise icon Johnny Gaudreau leave the team via unrestricted free agency. Not many teams can sustain that level of talent walk out the door but Calgary is fortunate that they didn’t let many find greener pastures for nothing in return.

Draft

1-9: D Zayne Parekh, Saginaw (OHL)
1-28: F Matvei Gridin, Muskegon (USHL)
2-41: F Andrew Basha, Medicine Hat (WHL)
2-62: F Jacob Battaglia, Kingston (OHL)
3-74: D Henry Mews, Ottawa (OHL)
3-84: G Kirill Zarubin, Tula (MHL)
4-106: C Trevor Hoskin, Cobourg (OJHL)
5-150: C Luke Misa, Mississauga (OHL)
6-170: C Hunter Laing, Prince George (WHL)
6-177: D Eric Jamieson, Everett (WHL)

The Flames picked in the top 10 of the draft for the first time since the 2016 NHL Draft. They used the ninth overall selection on Parekh who was listed in the top five of North American skaters and the third-best North American defenseman. He’s a very talented offensive-minded defenseman coming off a season with the Spirit in which he scored 33 goals and 96 points from the blue line in 66 games. He doesn’t project to have the same defensive awareness as Cale Makar of the Colorado Avalanche — but his puckhandling skills and ability to create holes in the ice are eerily similar.

Calgary used their second first-round selection on Gridin who shares a similar ability in opening up space in the offensive zone. Playing for the USHL’s Lumberjacks the past two years after coming over from his native Russia, Gridin has scored 46 goals and 104 points in 100 appearances. He may take a bit longer to develop compared to Parekh as the Flames will see how he fares against stiffer competition but he projects to be a solid scoring option to place in the middle-six.

One of the better picks for the Flames after Day One was the selection of Battaglia from the Frontenacs. He’s an impressively quick player from his footspeed to his passing ability and could feature in Calgary’s top six if his development continues upward. He scored 31 goals and 65 points in 67 games for Kingston this past season but his goal-scoring ability may decrease as he climbs to the NHL.

Trade Acquisitions

D Kevin Bahl (New Jersey)

Bahl was the only player acquired by the Flames this summer but the team also added notable draft picks. In the trade that saw Bahl join the Flames organization, the team also acquired New Jersey’s 2025 first-round pick. Furthermore, Calgary traded Mangiapane to the Washington Capitals a few days before the start of free agency with Washington’s second-round pick in 2025 headed to Alberta.

Because of New Jersey’s depth on the blue line, it took Bahl several years to become a regular fixture in the lineup. Last season, he played in all 82 games for the Devils and scored one goal and 11 points while averaging 17:24 of ice time per night. Due to the departures Calgary saw on their blue line last season, it stands to reason that Bahl could crack the top four with the Flames and receive close to 20 minutes a night.

UFA Signings

D Jake Bean (two-year, $3.5MM)
G Devin Cooley (two-year, $1.55MM)*
F Martin Frk (one-year, $775K)*
F Justin Kirkland (one-year, $775K)*
F Ryan Lomberg (two-year, $4MM)
F Anthony Mantha (one-year, $3.5MM)

* denotes a two-way contract

As expected, the Flames were not very involved in the free agent market this summer and did not sign any deal longer than two years. Bean, Lomberg, and Mantha project as the biggest signings of the offseason with the former being an interesting bounceback candidate. Bean skated in 73 games for the Columbus Blue Jackets last season and scored four goals and 13 points overall but is not far removed from being a top-15 pick in the 2016 NHL Draft.

Lomberg spent much of the last four years serving as a depth piece for the Florida Panthers but should earn a regular bottom-six role with the Flames. Over the last three years in Florida, Lomberg skated in 212 games while scoring 26 goals and 45 points but the most notable aspect of his game became his physicality. Lomberg amassed  445 hits over those three years with the Panthers and should make Calgary’s bottom six much more annoying to play against.

Mantha is another potential rebound candidate for the Flames and should get regular minutes in the top six and the team’s powerplay. Before being traded to the Vegas Golden Knights last year, Mantha scored 20 goals in 56 games for the Washington Capitals but floundered dramatically after being traded. The Golden Knights went as far as to make Mantha a healthy scratch for the playoffs but now has an opportunity to rebuild his value in Alberta.

RFA Re-Signings

D Jonathan Aspirot (one-year, $775K)*
F Adam Klapka (one-year, $775K)*
D Yan Kuznetsov (one-year, $775K)*
F Yegor Sharangovich (five-year, $28.75MM)
G Dustin Wolf (two-year, $1.7MM)

* denotes a two-way contract

As the main piece acquired in the trade that sent Toffoli to the Devils last offseason, Sharangovich greatly impressed with the Flames this year leading to a heavy commitment from the organization. With a bigger opportunity in Calgary, Sharanovich averaged nearly two more minutes of ice time per night as compared to his time in New Jersey and scored 31 goals and 59 points for the Flames in 82 games. The young forward finished second on the team in scoring as well as leading the team in goals. He will have his work cut out for him if he plans on being the leading scorer for Calgary but he is exactly the type of forward they need if they hope to keep their head above water.

The other notable re-signing for the Flames this summer is Wolf who’s contract may already be a bargain. Wolf has struggled in his brief time in the NHL up to this point but he is firmly the goaltender of the future after the team sent Markstrom packing for the East Coast earlier this offseason. His play in the AHL over the last several years has earned him quite the pedigree as a prospect as he’s accrued a record of 97-32-10 in 141 games played while averaging a .926 save percentage and 2.29 goals against average.

Departures

D Dennis Gilbert (Buffalo, one-year, $825K)
F A.J. Greer (Florida, two-year, $1.7MM)
F Ben Jones (Minnesota, two-year, $1.55MM)*
D Oliver Kylington (Colorado, one-year, $1.05MM)
F Andrew Mangiapane (traded to Washington)
G Jacob Markstrom (traded to New Jersey)
D Jordan Oesterle (Boston, two-year, $1.55MM)*
D Colton Poolman (Buffalo, one-year, $755K)*

* denotes a two-way contract

Thanks to their actions on the trade market throughout the 2023-24 NHL season, the Flames didn’t have much in the way of departures on the free-agent market. The most notable departure in free agency came in Kylington who the team had previously expressed a desire to keep around. The Swedish defenseman spent the entirety of his career in the Flames organization since being drafted in the 2015 NHL Draft and chose to leave for a more competitive opportunity in Colorado.

The deal sending Markstrom to the Devils had been in the making for several months as the two teams were close to a deal at last year’s trade deadline. The return for Markstrom seemed underwhelming as the Flames only acquired a first-round pick in 2025 and Bahl as previously mentioned. However, the team already had Wolf waiting in the wings and the team can get out from under Markstrom’s $6MM salary for the next two years.

The departure of Mangiapane was more surprising than the deal sending Markstrom to New Jersey as it fully committed the Flames to a rebuilding year. He has not lived up to his $5.8MM salary but has been a consistent secondary scoring option for Calgary over the last three years. Mangiapane struck as a player the Flames may look to keep through the long haul of the rebuild but the team is opting to give his minutes in the top six to one of their younger options.

Salary Cap Outlook

Now that Calgary has moved out a decent chunk of their salaries over the last two years, the team has the second-most cap space in the NHL with $19.2MM. That leaves the Flames nearly $4MM above the salary cap floor and this is something they should weaponize throughout the 2024-25 NHL season.

For teams like the Vegas Golden Knights, New York Islanders, Vancouver Canucks, New York Rangers, Tampa Bay Lightning, Minnesota Wild, and Florida Panthers, the Flames could serve as a dumping ground for some of their bloated contracts so Calgary can effectively purchase draft and prospect capital. The team shouldn’t be near contention next season in an always difficult Pacific Division so the Flames would do well to utilize their cap space.

Key Questions

Is There More Selling Coming?

Circling back to their salary cap space for the 2024-25 season, the Flames will be limited in their ability to sell again. Depending on the team’s organizational window for getting back to contention, Calgary would do well at looking at the markets for Nazem Kadri, Blake Coleman, Jonathan Huberdeau, and MacKenzie Weegar. The Huberdeau contract in particular has already become one of the worst in the league so the Flames would have to add some sort of kicker going back the other way.

Because the team has such a narrow window of being above the salary cap floor, they will need to take on a bad contract in return if they want to stay cap-compliant. Since the team projects to be one of the worst in the NHL this season, the Flames should do everything they can to build up their prospect and draft capital while transitioning more veteran players out of the organization.

When Will The Prospects Come Up? 

Calgary has opened up several opportunities on the roster with the amount of trades they’ve made over the last calendar year. However, although training camp has yet to take place, Wolf and Connor Zary project as the only two top-level prospects on the roster heading into next year.

Because of the trades, the Flames have built up a notable farm system and they should see what they have sooner rather than later. Calgary would be doing a disservice to their prospects if they didn’t open up a full-time opportunity for Matthew Coronato at some point during next season and should create the flexibility to get notable 2024 draft picks Parekh and Basha into the lineup once their junior seasons end next year.

Photos courtesy of USA Today Sports Images.